Hagerty Change In Working Capital from 2010 to 2024

HGTY Stock  USD 11.75  0.08  0.69%   
Hagerty Change In Working Capital yearly trend continues to be fairly stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2010-12-31
Previous Quarter
34.2 M
Current Value
44.8 M
Quarterly Volatility
10.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hagerty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hagerty's main balance sheet or income statement drivers, such as Tax Provision of 7.5 M, Depreciation And Amortization of 23.9 M or Interest Expense of 24 M, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0047 or PTB Ratio of 5.72. Hagerty financial statements analysis is a perfect complement when working with Hagerty Valuation or Volatility modules.
  
Check out the analysis of Hagerty Correlation against competitors.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.

Latest Hagerty's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Hagerty over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Hagerty's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hagerty's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Hagerty Change In Working Capital Regression Statistics

Arithmetic Mean35,154,508
Geometric Mean34,088,872
Coefficient Of Variation28.81
Mean Deviation7,417,507
Median29,791,868
Standard Deviation10,126,698
Sample Variance102.6T
Range28.7M
R-Value0.59
Mean Square Error71.9T
R-Squared0.35
Significance0.02
Slope1,338,307
Total Sum of Squares1435.7T

Hagerty Change In Working Capital History

202444.8 M
202334.2 M
202258.5 M
202133.3 M
202057.9 M
201930.5 M

About Hagerty Financial Statements

Hagerty investors use historical fundamental indicators, such as Hagerty's Change In Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hagerty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital34.2 M44.8 M

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Additional Tools for Hagerty Stock Analysis

When running Hagerty's price analysis, check to measure Hagerty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.